$40 a shot Bluegrass/Richard Harris
- Thread starter Monto P2
- Start date
I know I shoudn't say anything but I cant help myself. $1680 for a plain jane Bluegrass? The last one I owned I bought for $900 and the highest ASKING price I have ever seen for one like this was $1450 and that was silly. I guess since you got away with the high price on the SW you figured you would swing for the fences on this one.
I was laughing about all these raffles with the total price jacked way out of line with some pretty knowledgeable cue guys, They are really gonna love this. Where does this madness stop? Probably when someone realizes after 5 or 6 raffles they could of had the dough for a nice sneaky or been halfway to a nice merry widow. It has gotten ridiculous. I think it really brings out the greed in certain individuals as well.
Flame away gentlemen.
I was laughing about all these raffles with the total price jacked way out of line with some pretty knowledgeable cue guys, They are really gonna love this. Where does this madness stop? Probably when someone realizes after 5 or 6 raffles they could of had the dough for a nice sneaky or been halfway to a nice merry widow. It has gotten ridiculous. I think it really brings out the greed in certain individuals as well.
Flame away gentlemen.
Nevermind. No point here either.
Last edited:
asiasdad
Banned
I don't like raffles, which is why I don't have them.
However, one must consider this: collecting all these
little dollar amounts for example on 40 or so chances
to win a cue is a real PAIN IN THE AZZ.
It is well within the limits
of fairness to make the total of the tickets more than
what the cue would sell for in one lump sum.
Consider that the person running the raffle is willing
to accept PAYPAL that just sucked up
another 3%. (and yes, PAYPAL SUCKS
www.paypalsucks.com)
The question comes down to what is a reasonable
premium to command in a raffle.
The answer is in how quickly the seller
wants the raffle tickets to sell.
It is my estimate that those who run their raffles
with a 10% premium built in for the AZZ PAIN,
PAYPAL PAIN, and legitimate overnight shipping
and insurance are doing a fair service to the
people entering the raffle.
However, one must consider this: collecting all these
little dollar amounts for example on 40 or so chances
to win a cue is a real PAIN IN THE AZZ.
It is well within the limits
of fairness to make the total of the tickets more than
what the cue would sell for in one lump sum.
Consider that the person running the raffle is willing
to accept PAYPAL that just sucked up
another 3%. (and yes, PAYPAL SUCKS
www.paypalsucks.com)
The question comes down to what is a reasonable
premium to command in a raffle.
The answer is in how quickly the seller
wants the raffle tickets to sell.
It is my estimate that those who run their raffles
with a 10% premium built in for the AZZ PAIN,
PAYPAL PAIN, and legitimate overnight shipping
and insurance are doing a fair service to the
people entering the raffle.
Average price on the high side for this cue is $1250.asiasdad said:
$1680 - $1250 = $430
I think a 34% percent mark up of the high end is pretty nutty myself. The OP seems to have figured this out and possibly he made a mistake when he posted the raffle. Perhaps he meant to put $30 instead. If I was him I would keep it at $40 and reduce the spots by 10. I think he would sell out pretty quick.
The cue market is already stagnant and in the dumps. I just dont want to see it get any worse and I think the raffles while good in the short run will only increase the flood of cues on the market and undercut certain makers prices in the long run. But like the tshirt says...Raffle on Brother.
asiasdad said:
Also, paypal's fees aren't a flat percentage, they're $0.30 + 2.9% for most users (the percentage lowers some for high-volume business accounts). If you have a raffle with a relatively small ticket price, that can mean you are paying 4-6% commission to paypal.
For example, my current raffle has an $8 ticket (all sold, all but one paid so I'm not trying to sneak in any advertising here). If someone buys one ticket for $8 I pay $0.53 in fees which is over 6.5%! $16 is $0.76 which is 4.75% and $24 is $1.00 which is almost 4.2%. So by selling the cue as a raffle, I'm paying essentially an extra 2% in fees compared to selling the cue outright.
Add into that all the time and work involved keeping track of 42 slots, who's paid and whatnot, and having a sum a little above true market value is fine, I think. Now I know for my next raffle...
asiasdad
Banned
Rocket354 said:1. Add into that all the time and work involved keeping track of 42 slots,
who's paid and whatnot, and having a sum
a little above true market value is fine, I think.
2. Now I know for my next raffle...
1. The pain in the azz surcharge
2. Now you should know for your next raffle
that you won't have one
asiasdad said:1. The pain in the azz surcharge
2. Now you should know for your next raffle
that you won't have one
Seeing how this thread is dead for the raffle anyway, I'm gonna chime in.
I think the P.I.A. surcharge is b.s.. The person raffling the cue chooses to make the raffle. He's not doing anyone a service but himself. Basically, he can't sell it out right for what he wants, so he's doing what he has to to sell it. Why anyone would pay extra for that, I don't know.
Deleated......
Last edited: